DCM Shriram Ltd, one of India's prominent Chlor Alkali manufacturers, has inked a significant Memorandum of Understanding (MoU) with the Institute of Chemical Technology (ICT), Mumbai. This strategic collaboration aims to advance research and development (R&D) in the chemical industry, leveraging ICT Mumbai's academic prowess and DCM Shriram's industrial expertise.
The MoU was formalized during a ceremony attended by key dignitaries including Prof. Aniruddha Pandit, the Vice Chancellor of ICT Mumbai, and Dr. Debabrata Rautaray, Chief Product Development & Innovation Officer of DCM Shriram Chemicals.
Sabaleel Nandy, the Executive Director & CEO of DCM Shriram Chemicals, expressed the significance of this partnership, emphasizing the commitment to pioneering cutting-edge solutions and augmenting product development capabilities. "Partnering with ICT Mumbai aligns with our vision of delivering cutting-edge solutions and enhancing our product development capabilities," stated Mr. Nandy.
Under this collaboration, ICT Mumbai will spearhead specialized R&D projects tailored to meet the objectives of DCM Shriram Chemicals. These projects will encompass diverse domains including Chemical Engineering & Processing, Epoxy Polymers and Composites, Water Treatment Chemicals, and Bio & Sustainable Materials. The execution of these projects will be overseen by designated experts from ICT, ensuring adherence to high standards of academic rigor and research excellence.
Prof. Aniruddha Pandit, Vice Chancellor of ICT Mumbai, expressed his enthusiasm regarding the partnership, highlighting its mutually beneficial nature. He emphasized the potential for ICT faculty and scientists to engage in translational research with insights derived from DCM Shriram's industrial expertise. Furthermore, Prof. Pandit highlighted the benefits for graduating students, who will gain exposure to DCM Shriram's operations, potentially paving the way for future career opportunities.
In essence, this collaboration signifies a symbiotic relationship aimed at fostering innovation, advancing research frontiers, and delivering sustainable solutions to address contemporary challenges within the chemical industry.
